Bocomm Leasing

Seven ship sale and leaseback deal sees Hapag-Lloyd increase liquidity

Hapag-Lloyd has confirmed that it has sold seven 9,326TEU container ships to Bank of Communications Financial Leasing (Bocomm Leasing) for an undisclosed price.

Container News understands that the en bloc sale for the vessels, Cauquenes, Cautin, Cisnes, Cochrane, Coyhaique, Corcovado and Copiapo, was agreed early in May 2020 and July, the vessels were re-registered to special purpose vehicles owned by Bocomm Leasing. At the time of the sale, each vessel had a market valuation of around US$74...

https://container-news.com/seven-ship-sale-and-leaseback-deal-sees-hapag-lloyd-increase-liquidity/

Costamare closes sale-leaseback deal for Yang Ming chartered vessels

Greek tonnage provider Costamare has concluded a sale-and-leaseback deal with the Bank of Communications Financial Leasing (Bocomm Leasing) for five 12,690TEU vessels that will be on long-term charter to Yang Ming Marine Transport Corporation.

A representative of Bocomm Leasing told Container News that the Chinese finance house had acquired the five ships in May 2020 but would not disclose the purchase price and lease period. The ships had a market value of US$85 million each at the time of the...

https://container-news.com/costamare-closes-sale-leaseback-deal-for-yang-ming-chartered-vessels/